Analysts Hike Oracle Price Targets to $245-$300, Forecast 20% Q4 Revenue Growth
ORCL•Evercore ISI lifted its price target on Oracle shares to $245 and maintained its Outperform rating, while TD Cowen and Oppenheimer raised targets to $300 and $275 respectively ahead of fiscal Q4 results. Analysts project 20% revenue growth to $19.09B and $1.96 EPS next quarter, as retail chatter surged 234%.
1. Multiple Price Target Hikes
Evercore ISI raised its Oracle price target to $245 from $220 and maintained an Outperform rating, while TD Cowen lifted its target to $300 from $250 with a Buy rating. Oppenheimer also increased its target to $275 from $235, reinforcing bullish sentiment.
2. Analyst Rationale Behind Upgrades
Analysts highlight Oracle’s expanded GPU capacity for AI workloads and strategic cuts to operating expenses as key drivers for anticipated growth. They cite the company’s capacity expansion plans and alignment with AI demand as favorable setup heading into fiscal Q4.
3. Fiscal Q4 Revenue and EPS Projections
Projections call for 20% revenue growth to $19.09 billion in Q4 and earnings of $1.96 per share, following a 22% jump to $17.2 billion in Q3 driven by cloud revenue gains. These estimates set a high bar for the company’s upcoming quarterly report.
4. Surge in Retail Investor Engagement
Retail interest in Oracle spiked, with social chatter up 234% in a 24-hour period as individual investors weighed in ahead of earnings. Bullish sentiment on retail platforms underscores growing enthusiasm for the stock’s AI and cloud momentum.
